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R
W EE E K L Y
P
04 JAN 08 JAN 2016
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MARKET GOSSIPS

Market gains for the third consecutive week; Nifty ends

above 7950 mark.
Tata Motors surged as co may participate in army fleet
upgrade project.
M&M auto December sales climbs 4% to 37,915 units.
Aviation stocks at record high after OMCs reduce ATF
prices by 10%.
Eicher Motors rallied as commercial vehicle sales at 5068
units against 3512 units Y-o-Y basis.
Kotak Mahindra Bank up as acquires approx 10 percent
stake in IIAS.
Petronet LNG rallied on reports of LNG deal with Qatar.
Escorts shares tanks total tractor sales at 2751 Units
against 3021 units compared on yearly basis.
SPARC shares tanks on delay in royalty income from Sun
Pharma for two drugs
Tata Motors Dec 2015 sales stood at 39973 units.

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NIFTY WEEKLY

Support & Resistance

CLOSE

S2

S1

CRUCIAL POINT

R1

R2

7982

7740

7860

8100

8100

8200

Weekly market view

Markets put a halt to the three year consecutive rally as this year lied in red
zone against previous year close although 2015 also marked for new highs.
However, last week continued the rally of three weeks and closed it with gain
of more than 1% in thin line trade due to absence of FIIs inflows on back of
Holidays globally. Nifty future on weekly charts closed near to the crucial and
psychological level of 8000 and sustaining above it can lead it towards the
next resistance of 8100 while on lower side it may find strong support around
7900 and any closing below it can further hit the indices towards the major
support of 7750.

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INDEX

VALUE

PTS

SENSEX

26160

322

1.23

NIFTY

7963

102

1.28

BANK NIFTY

17039

228

1.33

INDIA VIX

14.26

0.52

3.64

FII

DII

DATE

(Figures are in Rs. cr.)

(Figures are in Rs. cr.)

28-DEC-15

-302.62

987.82

29-DEC-15

8.49

6.44

30-DEC-15

152.20

-74.41

31-DEC-15

1123.41

-257.67

01-JAN-16

228.11

-81.24

Indices Change

Top Nifty Losers ( Weekly)

Top Nifty Gainers (Weekly)

RELINFRA

591.45

P.
Close
457.85

JET AIRWAYS

760.60

624.20

21.85

SPARC

336.95

347.15

2.94

INDIA CEMENTS

99.45

88.35

16.52

FRL

149.10

152.85

2.45

RELCAPITAL

462.75

407.50

13.56

TATA STEEL

257.30

263.70

2.43

ENGINEERS INDIA

248.60

219.05

13.49

GLENMARK

922.05

944.85

2.41

Scrip

Price

STOCK

Scrip

Price

29.18

PNB

117.65

121.30

3.01

CALLS OF THE COMMENTS

WEEK

BHARTIARTL(EQ)

BUY

ABOVE 346.20 TARGETS 354-364 SL 334.

INFY(EQ)

BUY

ABOVE 1110 TARGETS 1135-1160 SL 1080.

LAST UPDATE

EXIDEIND EQ MADE A HIGH OF 148.65. (REC @ 146.60)

LAST UPDATE

PNB FUT SELL CALL FINAL TARGET ACHIEVED.

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P. Close

WEEKLY
PICK
NIFTY FUT.

TECHNICAL VIEW

CIPLA EQ LAST WEEK HAD TRADED AROUND THE NEAR RESISTANCE OF

661.40 AND LONGS ARE EXPECTED IF IT SUSTAINS ABOVE IT.
BUY ABOVE 661.40 TARGETS 680-700. MAINTAIN SL OF 625.

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